Support Board
Date/Time: Wed, 27 Nov 2024 15:35:58 +0000
Post From: Stop Loss Profit
| [2023-08-11 18:35:28] |
| John - SC Support - Posts: 36315 |
|
You can define where you want the Stop to move to, it does not have to be exactly Break Even. But, you can not have a trigger of +5 ticks and then have the stop move to that same location, as that will close you out of your trade since the stop is now at the market price. So you have to do something with at least a 1 tick difference. Also keep in mind that a 1 tick movement in either direction can occur easily, so you may not want the stop that close. If you want to have the Move to Break Even trigger when the price is at +6 ticks from entry and have the Stop move to +5 ticks from entry (break even), then do the following with the "Move to Break Even" options for the Stop: - Select "Step 1". - Set the "Type" to "Offset in Ticks Triggered" - Set the "Trigger Offset" to 6. - Set the "BE Level Offset" to 5. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |